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Issued 20 May 2019 CRICOS Provider No: 01241G Page 1 of 3 FINANCIAL CHECKS – Agent Checklist Student Name Date of Birth Agent (Agency) Name You should provide evidence of funds as outlined below. This checklist will assist you to calculate required funds. For information on the financial capacity requirement see http://www.border.gov.au/Trav/Stud/More/Student- Visa-Living-Costs-and-Evidence-of-Funds. Instructions: Please complete this checklist and return it together with bank/agent certified financial documents to int[email protected] . All documents must be certified by the Financial Institution, Bank, a Notary Public or your Education Agent. If you are providing bank statements, they must be for the last 6 months ONLY and should be a summary. No more than 10 pages will be accepted. You can choose to provide evidence of funds in two ways. 1. 12 months of funds option 2. Annual income option Please write YES next to which option you choose to indicate evidence of funds in the box below and provide the documentation stated in the relevant section. Option 1 Option 2 Acceptable Financial Institutions Nabil Bank Limited Nepal SBI Bank Limited Nepal Investment Bank Limited Everest Bank Limited Siddhartha Bank Limited Laxmi Bank Limited Himalayan Bank Limited Bank of Kathmandu Limited NIC Asia Bank Limited Prabhu Bank Limited NMB Bank Nepal Limited

FINANCIAL CHECKS Agent Checklist · financial documents indicated above and confirm that they are bona fide documents and not fraudulent. I further confirm that the above named student

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Page 1: FINANCIAL CHECKS Agent Checklist · financial documents indicated above and confirm that they are bona fide documents and not fraudulent. I further confirm that the above named student

Issued 20 May 2019 CRICOS Provider No: 01241G Page 1 of 3

FINANCIAL CHECKS – Agent Checklist

Student Name Date of Birth

Agent (Agency) Name

You should provide evidence of funds as outlined below. This checklist will assist you to calculate required funds. For information on the financial capacity requirement see http://www.border.gov.au/Trav/Stud/More/Student-Visa-Living-Costs-and-Evidence-of-Funds.

Instructions: Please complete this checklist and return it together with bank/agent certified financial documents to [email protected] . All documents must be certified by the Financial Institution, Bank, a Notary Public or your Education Agent. If you are providing bank statements, they must be for the last 6 months ONLY and should be a summary. No more than 10 pages will be accepted.

You can choose to provide evidence of funds in two ways. 1. 12 months of funds option2. Annual income option

Please write YES next to which option you choose to indicate evidence of funds in the box below and provide the documentation stated in the relevant section.

Option 1

Option 2

Acceptable Financial Institutions

Nabil Bank Limited

Nepal SBI Bank Limited

Nepal Investment Bank Limited

Everest Bank Limited

Siddhartha Bank Limited

Laxmi Bank Limited

Himalayan Bank Limited

Bank of Kathmandu Limited

NIC Asia Bank Limited

Prabhu Bank Limited

NMB Bank Nepal Limited

Page 2: FINANCIAL CHECKS Agent Checklist · financial documents indicated above and confirm that they are bona fide documents and not fraudulent. I further confirm that the above named student

Issued 20 May 2019 CRICOS Provider No: 01241G Page 2 of 3

Option 1 – 12 months of funds option

Expenses Required funds (AUD) Total funds required (Please specify)

Funds required for 12 months’ tuition $30,000

Funds required for 12 months’ living expenses $21,000

Travel costs $4,000

Add for accompanying dependents Spouse or partner Please add $7,100

Children Please add $3,040 per child

Schooling costs. Where school aged children are included in your student visa application, schooling costs of AUD8,000 per year for each child will need to be added to the amount of funds that is required. This amount is the minimum required for a visa application only and you are responsible for researching schooling costs, which may vary widely between states, territories and schools in Australia.

Please indicate total amount for all school aged dependents you are bringing with you to Australia.

TOTAL (AUD)

Source of funds for option 1 – Choose ONE of the following sources

Source 1: Certified bank statements from an approved bank. These MUST be from one, or a combination of no more than 2 of the following:

Please select which relevant account type by typing YES in the relevant box and the amount in AUD provided by that account. You should select no more than 2 options.

Select relevant account(s)

Amount

Your own bank account

Your spouse’s bank account

Your parents bank account

Your sibling’s bank account

Your grandparent’s bank account

Your parents-in-law’s bank account (female students only)

TOTAL AMOUNT OF BANK DEPOSITS

Source 2 Documentation of an approved loan from a recognised financial institution. Documentation MUST include:

• Loan confirmation letter (Yes/No)

Loan amount

Page 3: FINANCIAL CHECKS Agent Checklist · financial documents indicated above and confirm that they are bona fide documents and not fraudulent. I further confirm that the above named student

Issued 20 May 2019 CRICOS Provider No: 01241G Page 3 of 3

• Evidence that the funds have been deposited/disbursed (Yes/No)

Option 2 – Annual Income option

Evidence of funds – 12 months of funds option

The annual income option requires students to provide evidence of personal annual income of at least AUD60,000. For students accompanied by family members the amount is AUD70,000. The income demonstrated must be the personal income of your spouse (who is not travelling with you) or parents. In circumstances where both of your parents are working, their combined income can be considered for this requirement. In all cases, the evidence of annual income must be provided in the form of official government documentation, such as a tax assessment.

If you choose the annual income option, you MUST provide ALL of the documents below as proof of income

Pay slips for the 6 months immediately prior to your application. These MUST be from ONE of the following:

Please select which relevant payslip type ny typing YES and amount in AUD provided by that payslip.

Select relevant payslip Amount

Your own bank payslips

Your spouse’s payslips

Your parents’ payslips

Your sibling’s payslips

Your grandparent’s payslips

Your parents-in-law’s payslips (female students only)

TOTAL AMOUNT OF PAYSLIPS

Banks statements for the past 6 months. The bank statements MUST be provided for the person who has provided a payslip.

Bank statement confirms salary as per pay slip

Income Tax Assessment for the most recent financial year. Income Tax Assessments MUST be provided for the person who has provided a payslip

Income tax assessment confirms salary as per payslip

Declaration: I ___________________________________ , am an authorized signatory for _____________________________ and confirm that I have checked the

financial documents indicated above and confirm that they are bona fide documents and not fraudulent. I further confirm that the above named student

has the financial capacity required by the Department of Home Affairs and is, therefore, eligible to apply for a student visa.

Signed: ______________________________ Date: ______________________________